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Budget airlines have transformed the way people in Asia think about travel. Corporations have even become accustomed to using these airlines for company travel. But Asia's budget airline growth over the past decade has also been exceptional in

TOKYO -- Nippon Steel & Sumitomo Metal is taking its quest for next-generation materials to the atomic level. The Japanese steelmaker plans this summer to install the latest three-dimensional atom probe, or 3DAP, at its Research & Engineering Center

TOKYO -- Lotte Chemical of South Korea is revamping its production infrastructure to enhance its cost competitiveness at home and abroad. The company will in 2018 start producing shale gas-derived ethane in the U.S. state of Louisiana through a

SEOUL -- LG Electronics is poised to get a leg up on its rival Samsung Electronics after an important breakthrough in tackling an OLED television production problem that has plagued its cross-town competitor as well as the competition in Japan.

TOKYO -- OLED televisions, which once held promise as the mainstream successor to LCD TVs, are losing favor among manufacturers as high costs take their toll and models using liquid crystal displays decline in price and improve in quality. Panas

SEOUL -- The Samsung group is shaking up the web of cross-shareholdings that tie its affiliated companies together, a move widely seen as preparation for a changing of the guard at core member Samsung Electronics. Samsung Life Insurance bought u

TOKYO -- South Korean information-technology startup VCNC is hoping to turn its app for couples into a rich source of global advertising revenue. On Monday, the company began running ads for fashion goods and accessories on Between, its members-

SEOUL -- The 72-year-old chairman of Samsung Electronics has been hospitalized following a heart attack but is heading toward recovery. Lee Kun-hee, the third son of Samsung founder Lee Byung-chull, had trouble breathing late Saturday at his hom

TOKYO -- Japan's Keio University will in fall 2016 enable students in the economics department to take all classes in English. Students will be able to take a wide range of business-related courses, and serve internships at numerous companies an

TOKYO -- Korea Trade-Investment Promotion Agency (KOTRA), a South Korean government organization, says it will support Japanese companies looking to hire South Korean university graduates. KOTRA plans to introduce South Korean students with a hi

TOKYO -- Sony has been named the second-most attractive company to work for in a 2014 global survey conducted by Dutch staffing company Randstad Holding, receiving high marks for offering interesting job experience. German automaker BMW took the

SEOUL -- Samsung Electronics is expanding its lineup of medium and low-end handsets to shore up its smartphone operations in light of rapid advances by Chinese manufacturers. Samsung on April 29 reported a group operating profit of 8.48 trillion

TOKYO -- A row over China's seizure of a Japanese cargo ship, linked to claims dating back to the 1930s, has been settled for now. The vessel's operator, Mitsui O.S.K. Lines, paid a Chinese court to free the vessel. But there are some unanswered que

SEOUL -- Outlet malls are catching on in South Korea as pricey department stores struggle to hold on to customers. South Korea's two leading retail groups, Shinsegae and Lotte, have both been expanding their outlet mall operations since 2007. Lo

TOKYO -- Anger and frustration often hinder the ability to see things rationally. When people fight with each other, they tend to look down on their opponent or wish ill for the other party. If this animosity is between two countries, it can cau

SEOUL -- Samsung Electronics has abandoned plans for a new facility to manufacture next-generation display panels for televisions, deterred by the inefficiency of production amid intense price competition in the TV market. An OLED TV forms a pic

SAN JOSE, Calif. -- A district court jury in California on Friday found Samsung Electronics guilty of patent infringement against Apple, ordering Samsung to pay Apple $119 million in compensation. The U.S. tech giant had originally demanded $2.2 bil

TOKYO -- Tensions are growing over Japanese airspace, with the number of scrambles by Japan Air Self-Defense Force fighters to intercept intruders rising to a 24-year high in fiscal 2013. JASDF fighters were scrambled 810 times, or 2.2 times per